Russia’s central bank says monetary conditions moved unevenly in August-September
The Bank of Russia said in an October 9 release that monetary and credit indicators moved in different directions in August and September. Money-market rates stayed near the policy rate in September, while yields on government bonds with maturities of two years or more rose noticeably.
Event / data period: 2026-09
Published: · Updated:
The Bank of Russia said in an October 9 release that monetary and credit indicators moved in different directions in August and September. Money-market rates stayed near the policy rate in September, while yields on government bonds with maturities of two years or more rose noticeably.
Rates on loans to companies rose slightly in August, while household loan rates fell; market-based lending rates were estimated to have edged down. The decline in deposit rates paused across August and September, with rates rising in some segments.
Annual growth in the broad M2X money supply eased slightly in August but remained near its highest levels of the previous 12 months. Preliminary data indicated that the slowdown continued in September. The bank referred readers to its September monetary conditions and transmission report for further detail.
Data
Bank of Russia reports mixed monetary indicators
This event record summarizes one Bank of Russia release covering market rates, lending and deposit rates, and M2X growth for August-September.
- · Occurred
Bank of Russia reports mixed monetary indicators
On October 9, 2026, the Bank of Russia summarized rate, credit and broad-money indicators for August and September.
Methodology
The record combines the indicators in one release; it does not split the bulletin into separate rate, deposit or money-supply stories.
Updated:
Subjects and places
Subject proposals
- Interest ratesSuggested
- Subject suggested from the title or summary: Money-market rateswww.cbr.ru ↗
- Government debtSuggested
- Subject suggested from the title or summary: government bondswww.cbr.ru ↗
Geographic references
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- Russia · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.cbr.ru ↗